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The rupiah closed at 16,405 per US dollar on July 30, and analysts expected it to weaken further ahead of the Fed decision. They noted that US and China agreed to extend their tariff truce by 90 days after talks in Stockholm.
Expected rupiah weakness raises the cost of dollar-priced feed imports for Indonesia, while the US-China truce extension lowers the risk of disruption to soybean and grain trade flows.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.